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Moody’s cuts Mount Sinai Hospital credit rating near ‘junk’

A major ratings agency on Wednesday downgraded Mount Sinai Hospital’s credit rating to near “junk bond” levels, citing problems at the Beth Israel Hospital system, a major New York health care giant. Moody’s Investors Service cut Mount Sinai’s ratings to Baa3 from Baa1, the lowest investment-grade level but still above a so-called “junk” rating that […]

JD Vance Proposes Pro-Family Agenda with Expanded $5K Child Tax Credit

Sen. J.D. Vance (R-Ohio), former President Donald Trump’s running mate, has proposed family-friendly policies like expanding the child tax credit and child care policies that would benefit stay-at-home mothers, fathers, and grandparents, not just those who send their children to daycare. During the period Interview Vance joined CBS News’ Margaret Brennan to outline what he’d […]

Karine Jean-Pierre Tries, Fails to Claim Credit for ‘No Tax on Tips’

White House press secretary Karine Jean-Pierre on Monday tried unsuccessfully to claim credit for a “tip tax free” proposal proposed earlier this summer by former President Donald Trump and supported by Vice President Kamala Harris. As Breitbart News reported, Harris has copied Trump’s “no tax on tips” policy, which he speech “I’m not going to […]

Study Shows Top-Performing Credit Unions Innovate to Stay Competitive – PYMNTS.com

Credit union (CU) executives understand the importance of innovation, but PYMNTS Intelligence found a disconnect in how some CUs measure innovation success across different performance tiers. More than three-quarters of top performers benchmark the return on investment (ROI) of their innovation agenda with membership growth and revenue growth. Significantly fewer bottom performers use these metrics. […]